NFP Annual Report 18-19 | Page 6

COMBINED STATEMENTS OF FINANCIAL POSITION

Assets
Current Assets
Cash & Cash Eq .
$ 41,938
Cash , restricted
39,713
Accounts Receivable
35,460
Prepaid Expenses
4,334
Total Current Assets 121,445
Property and Equipment
Equipment
17,368
A / D Equipemnt
( 6,128 )
Total Property & Equipment 11,240
Other Assets Einstein Scholarship
122,708 Grady-Fasick Scholarship 186,274
Total Other Assets 308,982 Total Assets $ 441,667
Liabilities and Equity
Current Liabilities
Accounts Payable & Accrued Expenses
$ 1,581
Accrued Payroll
1,558
Deferred Revenue
37,850
Deferred Rent
1,100
Due to Affiliated Association
115,101
Total Current Liabilities 157,190
Net Assets
Without Donor Restrictions
( 64,218 )
With Donor Restrictions
348,695
Total Net Assets 284,477
Total Liabilities & Net Assets $ 441,667
Expenditures
Meetings
653
Insurance
1,700
Administrative Fees
3,562
Miscellaneous
424
Sponsorship / Travel
334
NFP / PSNA Fee for Service
11,749
Black & Gold Gala
48,108
Telephone
206
Office Supplies
884
Postage
590
Professional Fees
8,355
Professional Printing
2,340
Promotions / Advertising
2,393
Dues and Subscriptions
1,291
Software
5,080
Computer Equipment
257
Payroll
37,952
Middle College
8,616
Rent
4,587
Depreciation
172
Total Operating Expenses 139,253
Foundation Program Expenses Scholarships 40,000
Total Expenditures 179,253 Change in Net Assets $( 48,073 )
Revenues
Scholarship Donations
$ 41,460
Black & Gold Gala
53,801
Middle College
20,625
Interest Income
38
Net Gains on Investments
5,428
Investment Income
9,828
Total Operating $ 131,180